Caribbean MLSReal Estate

80a & 80b Smith Bay Ee

Available on request

The brief

The reason to consider it.

Perched above Smith Bay with clear views toward St. John and the British Virgin Islands, this seven-unit property is a rare find for investors and hands-on owners ready to put in the work. With the right improvements, it has the potential to become a strong income-producing property.

The two-level main building holds five apartments — four one-bedroom, one-bath units, a studio, and a spacious two-bedroom, two-and-a-half-bath unit — plus a detached cottage that adds flexibility for extra rental income or owner occupancy. Just a seven-minute drive to Coki Point Beach, the location keeps future tenants close to snorkeling, dining, and everyday conveniences.

Restrictions: Of Record
Zoning: R-2

Last confirmed

Year built
1990
Type
Villa
Land
18,794 ft²

What this listing includes

  • Ocean view
  • Beach access
  • Kitchen
  • Parking
  • On-site security
  • Gated community

What people say about US Virgin Islands

Sources agree that the US Virgin Islands is simple to enter for Americans, since it is US territory, but costly to run once there.

  • Concern WAPA electricity is expensive and outages are routine; backup power is treated as standard
  • Concern Insurance is a hard market: higher premiums, large percentage windstorm deductibles, trouble for wood-frame homes; flood is separate
  • Mixed Closings are attorney-led, take longer than on the mainland, and need a USVI-licensed lender; surveys matter on irregular hillside lots
  • Mixed Condo costs are driven by windstorm insurance; check reserves and master policy before buying

Read what people say, based on 14 sources

Cost of entry

The asking price is not what it costs.

What completing costs

US dollars

Who bears the transfer cost is market practice, not law